Below is the list of Australian publicly listed companies that have announced dividends and ex-dividend dates. Click on the column headings to sort. Clicking once will sort in ascending order and clicking a second time will sort in descending order.
|Stock||Company||Amount||Franking||Franking Credit||Ex-Dividend Date||Date Payable||Share Price|
|ADI||APN INDUSTRIA REIT||$0.0425||0%||$0.00||27-06-2019||23-08-2019||$2.96|
|AOF||AUSTRALIAN UNITY OFFICE PROPERTY FUND||$0.0395||0%||$0.00||27-06-2019||16-07-2019||$2.97|
|AYF||AUSTRALIAN ENHANCED INCOME FUND||$0.08||50.77%||$0.01741||27-06-2019||15-07-2019||$5.95|
|CAM||CLIME CAPITAL LIMITED||$0.0125||100%||$0.00536||04-07-2019||26-07-2019||$0.90|
|CIP||CENTURIA INDUSTRIAL REIT||$0.046||0%||$0.00||27-06-2019||09-08-2019||$3.25|
|CLW||CHARTER HALL LONG WALE REIT||$0.071||0%||$0.00||27-06-2019||14-08-2019||$5.15|
|CMA||CENTURIA METROPOLITAN REIT||$0.0436||0%||$0.00||27-06-2019||09-08-2019||$2.90|
|CQE||CHARTER HALL EDUCATION TRUST||$0.04||0%||$0.00||27-06-2019||19-07-2019||$3.82|
|CQR||CHARTER HALL RETAIL||$0.1448||0%||$0.00||27-06-2019||30-08-2019||$4.65|
|FOR||FORAGER AUSTRALIAN SHARES FUND||$0.01||0%||$0.00||27-06-2019||19-07-2019||$1.14|
|FPP||FAT PROPHETS GLOBAL PROPERTY FUND||$0.0364||0%||$0.00||27-06-2019||30-08-2019||$0.99|
|GCI||GRYPHON CAPITAL INCOME TRUST||$0.0086||0%||$0.00||27-06-2019||08-07-2019||$2.04|
|GCM||GARDA CAPITAL GROUP||$0.0125||0%||$0.00||27-06-2019||22-08-2019||$1.77|
There are over 850 Australian publicly listed companies that pay regular dividends.
Usually these companies pay dividends twice per year, normally six months apart, as an Interim dividend and as a Final dividend. However there are a significant number of companies and listed funds that pay dividends quarterly.
Listed companies may also pay a Special dividend. This is usually done to return surplus cash to share holders or in response to a particular event (for example, selling a large asset).
Below is the list of Australian publicly listed companies that have announced dividends and ex-dividend dates.
The day on which a company’s shares no longer come attached with the right to be paid the most recent dividend and franking credit is termed the ex-dividend date. Prior to this date, the share is said to be cum-dividend (that is ‘with dividend’). On and after the ex-dividend date the stock becomes ex-dividend (meaning ‘without dividend’). Holders of shares purchased on previous dates will receive the dividend even if they now sell the stock, whereas anyone who now buys the stock now will not receive the dividend.
Dividend payments are not made until the payment date. Shareholders who purchase share prior to the ex-dividend date can sell their shares anytime from and including the ex-dividend date and prior to the payment date and still receive the dividend payment.
All other things being equal, the share price should fall by the roughly the amount of the dividend on the ex-dividend date. This reflects the decrease in the company’s assets resulting from the declaration of the dividend. For franked shares, often the share will fall by the value of the grossed up dividend. In practice, many other factors effect the actual change in the share price on the ex-dividend date.
In the next post we examine the empirical evidence as to whether or not dividend stripping can provide a sustainable edge over the Australian share market.